Jan
11

Bank of England orders lenders to be ready prolonged period of credit stress

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Executive Director of the Bank of England financial watchdog, David Bailey, has warned that the Bank of England intends to increase scrutiny on lending to landlords. Bailey said: “Our assessment of firms’ credit risk management will include a focus on traditionally higher risk areas including retail credit card portfolios

View Full Article: Bank of England orders lenders to be ready prolonged period of credit stress

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